Oil theft: Shell Nigeria deploys HD aerial cameras

Femi Asu

Shell Petroleum Development Company of Nigeria Limited has said it has deployed state-of-the-art high definition cameras for quick detection of and response to crude oil spills from its facilities.

The oil major said that the cameras would also help in tracking vandalism of the SPDC joint venture assets.

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Source: punchng.com

Shell ‘losing $560,000 a day to Nigeria oil thieves’

Shell’s subsidiary in Nigeria says the oil giant is losing 10,000 barrels of oil a day to thieves in the West African nation – at a cost of $560,000 (£452,000) a day.

The losses by vandals attacking oil pipelines in the southern Niger Delta are equivalent to $204.4m over a year.

The announcement was made by Igo Weli, general manager of the Shell Petroleum Development Company of Nigeria (SPDC), which is a joint venture between Shell and the Nigerian government.

“These attacks were on critical assets that produce the crude oil, which accounts for over 90% of Nigeria’s foreign exchange earnings and the bulk of government revenue,” Mr Weli is quoted as telling a workshop on pipeline vandalism in the oil city of Port Harcourt on Monday.

Since 2012 he said the company had discovered and removed 1,160 points where thieves were stealing the oil.

But this did not seem to be stemming the problem as 9,000 barrels a day were being stolen in 2017, 11,000 last year and 10,000 this year.

Mr Weli was also critical of a lack of development in the Niger Delta, where most people remain poor despite the vast wetlands rich oil resources.

“There is a community in the Niger Delta that has received over 2bn naira ($5.5m, £4.5m) from SPDC joint venture for its development, but is yet to develop,” the Premium Times quotes him as saying.

“The region receives 13% derivation, revenue from NDDC [the Niger Delta Development Commission government agency] and funds from companies, but still has not developed,” he said.

“The Niger Delta has refused to develop despite the huge monies allocated to the area. So, we need to ask ourselves the critical questions to change the Niger Delta narratives.”

Source: bbc.com

Security Remains Major Challenge in Niger Delta – Oil Giant Shell

By Emmanuel Addeh

Yenagoa — Shell Petroleum Development Company of Nigeria Limited (SPDC) has said security remains a major challenge occasioned by continuing crude oil theft and vandalism of oil and gas facilities in parts of the Niger Delta.

SPDC’s General Manager, External Relations, Igo Weli, who spoke in Yenagoa, Bayelsa State, at the media launch of the 2019 edition of the Shell in Nigeria Briefing Notes, an annual publication detailing the activities of the business interests of the global energy giant, noted that the illegal activities result in the loss of 11,000 Barrels Per Day of crude oil.

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Source: allafrica.com